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Table 1 Variable Descriptions and Characteristics

From: Health, subjective financial situation and well-being: a longitudinal observational study

 

GHealth

GHQ12

 

Variable

Description

Mean

Std dev.

Mean

Std. Dev.

Finnow

Subjective Financial situation (1-finding it very difficult to 5- living comfortably)

3.882

0.992

3.884

0.990

General Health

General Health scale (1 - very poor to 4 - Excellent)

2.879

0.812

  

GHQ12

GHQ12 Likert scale (0 to 36)

  

11.104

5.445

Age

Age in years

47.688

18.075

47.437

17.961

Age0

Aged between 16 and 29 years

0.186

0.389

0.187

0.390

Age1

Aged between 30 and 64 years

0.534

0.499

0.538

0.498

Age2

Aged 65 years and above

0.280

0.449

0.274

0.446

BHPS

Data from the BHPS survey compared to the USS

0.513

0.500

0.531

0.499

Sex

Gender (1 - male, 0 female)

0.445

0.497

0.445

0.497

Couple

Married or a couple versus other marital status (1- yes, 0- no)

0.551

0.497

0.554

0.497

Higher Education

Has a degree or equivalent (1- yes, 0- no)

0.185

0.388

0.183

0.387

Child 0–2

Number of children aged 0 to 2 years

0.080

0.294

0.081

0.294

Child 3–4

Number of children aged 3 to 4 years

0.068

0.264

0.069

0.265

Child 5–11

Number of children aged 5 to 11 years

0.250

0.590

0.252

0.592

Child 12–15

Number of children aged 12 to 15 years

0.159

0.434

0.160

0.435

Real Family Income

Real gross monthly household income (£)

1677.714

1612.132

1676.393

1608.585

Self employed

Self employed (1- yes, 0- no)

0.073

0.261

0.073

0.260

Employed

Employed full time (1- yes, 0- no)

0.500

0.500

0.506

0.500

Unemployed

Unemployed (1- yes, 0- no)

0.038

0.191

0.037

0.190

Retired

Retired (1- yes, 0- no)

0.229

0.420

0.225

0.418

Maternity leave

On maternity leave (1- yes, 0- no)

0.005

0.069

0.004

0.069

Family care

Caring for the family (1- yes, 0- no)

0.065

0.246

0.065

0.246

Full-time study

In full-time study (1- yes, 0- no)

0.045

0.208

0.045

0.207

Long-term sick

On long-term sick leave (1- yes, 0- no)

0.037

0.189

0.036

0.187

England

Respondent is from England (1- yes, 0- no)

0.694

0.460

0.704

0.456

Scotland

Respondent is from Scotland (1- yes, 0- no)

0.122

0.328

0.125

0.330

Wales

Respondent is from Wales (1- yes, 0- no)

0.102

0.303

0.104

0.305

n

 

329,282

338,628